Category: Business Best Practices

The case for purging Talented, but THORNY Employees

A business should never ever – ever – tolerate a THORNY employee. THORNY employees come in all shapes and sizes. In this article I will put forth my case against THORNY employees. First, how to recognize a THORNY employee. Second, the significant organizational issues they create. And third, why they need to be purged from… Read more »

Your Financial Systems Need a Checkup

There are 7 deadly Financial Diseases that limit your business’s potential. On one side of the scale your financial systems can be a burden. On the other side it can provide your business with a unique competitive advantage. Your financial systems should be an organizational asset not a liability. If they are not, then I… Read more »

7 Deadly Financial Diseases

Introduction to the 7 Deadly Financial Diseases. The proper design and effective management of an organization’s financial systems are essential to the success of every business. Unfortunately, many small business owners are unaware on how strategically important financial management is to their business performance. Additionally, too few understand that a business’s financial acumen can provide a… Read more »

Fifty Percent of Start-Ups Fail

The majority of start-ups go out of business within five years, and two-thirds are no longer operating ten years after being formed. Most failures are attributable to the following six reasons.       Some start-ups fail because of factors beyond their control. But responsibility for much of the high failure rate of startups lies… Read more »